Sierra Wireless (NASDAQ:SWIR) (TSX:SW) today announced its Smart SIM
technology and connectivity service that provide customers with superior
coverage and service quality to accelerate the deployment of global IoT
applications. With the addition of its global Smart SIM offering, Sierra
Wireless delivers the most comprehensive, fully integrated
device-to-cloud solution, including hardware, managed connectivity, and
cloud services for multi-operator, multi-regional IoT deployments.

Sierra Wireless Smart SIM and connectivity service provide superior coverage and service quality to accelerate the deployment of global IoT applications. (Photo: Business Wire)

“Our Smart SIM technology allows us to provide our customers with a
connectivity service designed for the coverage and quality of service
that their IoT use cases require,” said Emmanuel Walckenaer, Senior Vice
President, Cloud and Connectivity Services at Sierra Wireless. “When
combined with our IoT Acceleration Platform, this unique, fully
integrated device-to-cloud service accelerates our customers’
time-to-market.”

There are three unique benefits to the Sierra Wireless Smart SIM:

Extensive coverage – the Smart SIM automatically selects
networks based on the best service available in any given location. It
comes with multiple operator profiles already installed, effectively
combining several MNO roaming SIMs into one physical Smart SIM. The
on-board patented applet then intelligently selects the best available
regional network operator at any given time. This results in better
coverage and service up-time.

Smart network connectivity and superior Quality of Service (QoS)
– Sierra Wireless’ fully redundant core network is designed and built
for IoT connectivity and applications. The multi-operator Smart SIM
selects the best available cellular network in any given location,
ensuring the best possible data connection at all times. In the event
a device loses network signal, whether in-transit or otherwise, the
Smart SIM will detect this and re-establish the connection with
another network automatically.

Cost-effective simplicity – with a single Smart SIM and unified
IoT Acceleration platform, Sierra Wireless vastly simplifies global
IoT deployments, saving customers the time and expense of having to
arrange multiple service agreements, SIMs and platforms, and the
management of disparate vendors (see
white paper for more information).

“The QoS capability of Sierra Wireless’ innovative Smart SIM technology
was a key factor in our vendor selection process because we needed to
maximize coverage across multiple network operators,” said Chris
Gnanakone, Founder and Co-CEO for Nube, an energy management company
based in Latin America. “It was important for us to choose a partner
that could eliminate much of the technical risk in our solution. We were
able to get to market faster because Sierra Wireless’ hardware is
pre-integrated with the cloud platform.”

“In the payments industry it is crucial that our terminals are connected
at all times, allowing our customers to transact business,” said Daniel
Nordholm, CTO for Bambora, a global payments company headquartered in
Sweden. “The broader coverage benefits of the Sierra Wireless Smart SIM
ensure we can deliver service to our customers at all times. We were
also looking for a single SIM solution to serve all of our terminals
regardless of geography in order to drive down the complexity and cost
of deploying and supporting our global customers."

Sierra Wireless has more than 700,000 SIM subscribers globally that
count on its connectivity offering to power their IoT deployments.
Customers manage and automate all aspects of the Sierra Wireless Smart
SIM using the IoT Acceleration Platform, providing a simple way to
integrate SIM logistics into their connected product or service. The IoT
Acceleration Platform is unique in the industry in that it can also
manage third-party network operator SIMs, providing customers a single
unified connectivity management platform for all deployed SIMs.

The addition of the Smart SIM and Connectivity service to the broader
Sierra Wireless portfolio now provides customers with all of the service
infrastructure they require to create, deploy and manage their IoT
applications. By integrating connectivity management, operations
management and application enablement services into one unique platform,
customers spend less time integrating multiple platforms, allowing them
to accelerate their deployment of connected products and services.

Sierra Wireless’ connectivity service operates on 2G and 3G today, and
LTE will be available in Q2 2016 on a worldwide basis. The Smart SIM is
already LTE-ready and available today. For more information about Smart
SIM, please visit http://www.sierrawireless.com/SIM.

Sierra Wireless will showcase Smart SIM connectivity at Mobile World
Congress, February 22-25, in Barcelona. Visit the Sierra Wireless stand
in Hall 3, Stand 3A11 of the Innovation City.

Emmanuel Walckenaer, Senior Vice President, Cloud and Connectivity
Services, will present at Mobile World Congress on a panel discussing
the Reinvention of the MVNO, on Wednesday, February 24, at 11:00am: http://bit.ly/1RQtNbh.
The panel is sponsored by the GSMA and Emmanuel will talk about new
opportunities for global IoT connectivity services.

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is building the Internet of
Things with intelligent wireless solutions that empower organizations to
innovate in the connected world. We offer the industry’s most
comprehensive portfolio of 2G, 3G and 4G embedded modules and gateways,
seamlessly integrated with our secure cloud and connectivity services.
OEMs and enterprises worldwide trust our innovative solutions to get
their connected products and services to market faster. Sierra Wireless
has more than 1,000 employees globally and operates R&D centers in North
America, Europe and Asia. For more information, visit www.sierrawireless.com.

Sierra Wireless is a registered trademark of Sierra Wireless. Other
product or service names mentioned herein may be the trademarks of their
respective owners.

Forward Looking Statements

This press release contains forward-looking statements that involve
risks and uncertainties. These forward-looking statements relate to,
among other things, plans and timing for the introduction or enhancement
of our services and products, statements about future market conditions,
supply conditions, channel and end customer demand conditions, revenues,
gross margins, operating expenses, profits, and other expectations,
intentions, and plans contained in this press release that are not
historical fact. Our expectations regarding future revenues and earnings
depend in part upon our ability to successfully develop, manufacture,
and supply products that we do not produce today and that meet defined
specifications. When used in this press release, the words "plan",
"expect", "believe", and similar expressions generally identify
forward-looking statements. These statements reflect our current
expectations. They are subject to a number of risks and uncertainties,
including, but not limited to, changes in technology and changes in the
wireless data communications market. In light of the many risks and
uncertainties surrounding the wireless data communications market, you
should understand that we cannot assure you that the forward-looking
statements contained in this press release will be realized.